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View Poll Results: Would Trump's tax situation effect your vote?
Yes 26 27.08%
No 68 70.83%
Not sure 2 2.08%
Voters: 96. You may not vote on this poll

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Old 10-04-2016, 01:19 PM
 
21,992 posts, read 15,777,981 times
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Quote:
Originally Posted by petch751 View Post
Hillary's attempt turned it into insurance centric instead of patient centric, Then Obama finished the job
So Hillary tries to get health coverage for Americans and Republicans get paid by insurance company lobbyists to stop her and you blame her? WOW. And you decide Republicans are the heroes for that? WOW. I really hope Paul Ryan gets his way and they voucherize Medicare recipients. That shrieking laughter you hear will be coming from me. No Republican has ever cared about health care for Americans and Hillary was the first woman to try.
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Old 10-04-2016, 01:20 PM
 
41,109 posts, read 25,826,842 times
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Quote:
Originally Posted by Seacove View Post
Trump didn't lose a cent but American taxpayers did.
The clucking chickens rail against people who provide them jobs, a place to live, things we want like that computer you're using. If it were up to your kind of thinking we'd still be lighting lanterns and driving buggy's.

A lot of people don't understand the tax code so they don't understand that the tax policy is used to encourage people to do things the government wants. Government doesn't want to be a landlord so the tax code includes deductions etc to encourage in investing in rental real estate so people who can't afford a house can be housed. That's just one example. If there is a loss GOVERNMENT allows you to deduct losses against following year PROFITS of the like kind. That means the GOVERNMENT don't want people to just throw in the towel.
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Old 10-04-2016, 01:21 PM
 
41,109 posts, read 25,826,842 times
Reputation: 13868
Quote:
Originally Posted by SunGrins View Post
Since Trump is the scum of the earth he simply continues to live up to my low expectations. I already assumed he was hiding the fact that he pays no taxes. It's a confirmatory revelation....though one I didn't need to have a low opinion of him. The fact that he lost almost a billion dollars also confirms that he is not the wondrous business person that his disciples think he is. His attitude, following Leona Helmsley, is that only little people pay taxes...and the revelations coming out about his foundation is that laws and regulations are for little people...he is above all of that. Trump's disciples say he is not part of the establishment....no, he sees himself as being above the establishment and not subject to the rules that govern commerce or social interaction. But he uses the establishment when he needs to be bailed out of some poor judgement predicament that he blunders into. He plays everybody as if they were fools.
Didn't you hear? Trump sent his tax returns to Hillary's email. She must have deleted them
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Old 10-04-2016, 01:23 PM
 
52,430 posts, read 26,763,197 times
Reputation: 21097
Quote:
Originally Posted by BBMW View Post

Specifically, they're alleging that he took a huge tax loss back in the '90's which allowed him to counterbalance huge amounts of future income. Everyone is acknowledging that this appears to be completely legal
Of course it's legal. The NY Times itself took the same deduction and paid no tax in 2014.

Let's keep in mind that it's bought & paid for politicians like Hillary Clinton who voted for these kinds of loopholes in the first place.
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Old 10-04-2016, 01:24 PM
 
18,982 posts, read 9,121,096 times
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Quote:
Originally Posted by Seacove View Post
I think the story is true because Trump and his campaign have acknowledged it is true. The end. I think it shows Trump is not a good businessman. I think it shows that Trump found a way to make everyone else pay for his poor business skills.

"Over the next several years the businesses swirled down the drain and Trump was able to sell his other distressed casinos to the public company. In other words, he was both the buyer and the seller. So he sold the deeply indebted and already failing Trump Taj Mahal and Trump Castle to the company at a price of his choosing. While he was doing this he continued to pay himself tens of millions of dollars a year as the company's CEO"

http://talkingpointsmemo.com/edblog/...proportions--2
Wow, one thing I will give Trump credit for, he is a master grifter. We would have to refer to him as the Con-Man-in-Chief if he were elected. He would be, without a doubt, the best swindler that ever sat in the Oval Office. He is shameless.
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Old 10-04-2016, 01:26 PM
 
21,992 posts, read 15,777,981 times
Reputation: 12952
Quote:
Originally Posted by petch751 View Post
The clucking chickens rail against people who create jobs, places to live, things we want like that computer you're using. If it were up to your kind of thinking we'd still be lighting lanterns and driving buggy's.

A lot of people don't understand the tax code so they don't understand that the tax policy is used to encourage people to do things the government wants. Government doesn't want to be a landlord so the tax code includes deductions etc to encourage in investing in rental real estate so people who can't afford a house can be housed. That's just one example. If there is a loss GOVERNMENT allows you to deduct losses against following year PROFITS of the like kind. That means the GOVERNMENT don't want people to just throw in the towel.
I know you really want to make Trump a hero here and you really want to compare Trump to real entrepreneurs but he's not. He doesn't pay his contractors, he sues them. He loses almost a billion dollars and makes his company buy his failing companies then takes the tax deduction himself while paying himself millions in salary. He creates a foundation for what appears to be paying off politicians and he hasn't donated to that foundation himself since 2008 but still takes the tax write off for the checks it writes. He sells a "university" as an education and tells people they will meet him and instead they are told to pose with a cardboard cutout. He is P.T. Barnum with a really long tie.

There are real entrepreneurs that create businesses without daddy's money and they work hard and don't rip people off while doing it.
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Old 10-04-2016, 01:28 PM
 
41,109 posts, read 25,826,842 times
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Originally Posted by Seacove View Post
I know you really want to make Trump a hero
No one's my hero, that's one difference between me and you.
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Old 10-04-2016, 01:28 PM
 
Location: new yawk zoo
8,732 posts, read 11,145,171 times
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Quote:
Originally Posted by JAMS14 View Post
Wow, one thing I will give Trump credit for, he is a master grifter. We would have to refer to him as the Con-Man-in-Chief if he were elected. He would be, without a doubt, the best swindler that ever sat in the Oval Office. He is shameless.
if Trump can con all these foreign countries to pay for our wars and that stupid wall....I'll vote him a 2nd term!
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Old 10-04-2016, 01:29 PM
 
21,992 posts, read 15,777,981 times
Reputation: 12952
Quote:
Originally Posted by JAMS14 View Post
Wow, one thing I will give Trump credit for, he is a master grifter. We would have to refer to him as the Con-Man-in-Chief if he were elected. He would be, without a doubt, the best swindler that ever sat in the Oval Office. He is shameless.
Too right. That article really tells more of the story. Trump didn't really lose anything. He forced his other company to buy his failing companies, he named the price and still look a multi-million dollar salary while also taking an almost billion dollar tax deduction. The cardboard Trumps that appeared later for photo opps should have been no surprise with a history like this.
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Old 10-04-2016, 01:31 PM
 
Location: Florida
23,795 posts, read 13,324,123 times
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Quote:
Originally Posted by sirtiger View Post
Trump isn't a good businessman? He can legally not pay taxes & shove debt to others...but still have conservatively over a billion net worth today? He must have something right to be in his current position
Sure--after he's failed miserably. What he has is no conscience.

His casinos failed, his airline failed, his vodka failed, his steak failed--many of his businesses failed.

The Taj bankruptcy. The Plaza bankruptcy. His massive massive debt.

All of this based on his bottomless greed to own more and make more and have more.

And for this incompetency he should be rewarded by not paying taxes for 20 years? While working stiffs pay for the highways, hospitals, airports, police, firemen, military, even Trump's Secret Service?

How convenient that he profited and took advantage of the rigged system for 30 years in order to enrich himself at the expense of those who actually pay taxes, in addition to banks he has stiffed, workmen he has stiffed and investors he has stiffed.

No that does not make him a genius. It makes him a deadbeat.

And now, only now--he thinks the system should be fixed and only he, the failed businessman, can fix it?? And, btw, his 'economic plan' does not eliminate the loopholes from which he profited.

He's a narcissist, fraud and con artist. Bigly.
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